CPK IC LIMITED

Company Registration Number:
05653038 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

CPK IC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

CPK IC LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 50,000 60,000
Tangible assets: 3 2,822 3,442
Total fixed assets: 52,822 63,442
Current assets
Stocks: 264,235 331,740
Debtors:   264,145 266,981
Cash at bank and in hand: 29,520 0
Total current assets: 557,900 598,721
Creditors: amounts falling due within one year:   (589,235) (612,960)
Net current assets (liabilities): (31,335) (14,239)
Total assets less current liabilities: 21,487 49,203
Total net assets (liabilities): 21,487 49,203
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 21,483 49,199
Shareholders funds: 21,487 49,203

The notes form part of these financial statements

CPK IC LIMITED

Balance sheet statements

For the year ending 31 December 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2018
and signed on behalf of the board by:

Name: Mr Kevin Piper
Status: Director

The notes form part of these financial statements

CPK IC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for services rendered,net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Fittings fixtures and equipment - 18% reducing balance

Intangible fixed assets and amortisation policy

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line

CPK IC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Intangible Assets

Total
Cost £
At 01 January 2017 100,000
At 31 December 2017 100,000
Amortisation
At 01 January 2017 40,000
Charge for year 10,000
At 31 December 2017 50,000
Net book value
At 31 December 2017 50,000
At 31 December 2016 60,000

CPK IC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Tangible Assets

Total
Cost £
At 01 January 2017 7,651
At 31 December 2017 7,651
Depreciation
At 01 January 2017 4,209
Charge for year 620
At 31 December 2017 4,829
Net book value
At 31 December 2017 2,822
At 31 December 2016 3,442